To: Norseman
How can “their cash flow, which has always been positive” ever “go negative”? If they can change a number in a computer (QE) and instantly have more cash?
61 posted on
02/24/2015 4:45:15 AM PST by
Theophilus
(Be as prolific as you are pro-life.)
To: Theophilus
How can “their cash flow, which has always been positive” ever “go negative”? Well, if they pay out more in interest on reserves and in operating expenses than they earn on their bond holdings........
63 posted on
02/24/2015 5:26:32 AM PST by
Toddsterpatriot
(Science is hard. Harder if you're stupid.)
To: Theophilus
Most people don’t understand the accounting for the Fed’s operations. For one thing, they can’t just change a number in a computer and get more cash.
69 posted on
02/24/2015 1:42:07 PM PST by
Norseman
(Defund the Left-Completely!)
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